SoftBank's Vision Fund said to consider Ping An investments

SoftBank's Vision Fund said to consider Ping An investments

Source: Reuters

SoftBank Group Corp.’s technology fund is looking into investments in health and financial businesses owned by Chinese insurer Ping An Insurance (Group) Co., according to two people with knowledge of the possible deals.

The $97 billion Vision Fund is in talks to invest in Lufax, China’s largest online-financing company, OneConnect, which offers AI-powered services such as distribution channels and risk management to financial companies, and health-care portal Ping An Good Doctor, the people said.

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